What are the procedures when buying a property in Bulgaria?
The procedures vary depending upon the type of property you buy – villa or apartment. Foreign nationals cannot own land in Bulgaria directly. This means that a lot of properties for sale in Bulgaria require limited liability company incorporation before you can proceed with a purchase. This law is likely to change in the near future to comply with EU legislation.
A7: The procedures vary depending upon the type of property you buy – villa or apartment. Foreign nationals cannot own land in Bulgaria directly. This means that a lot of properties for sale in Bulgaria require limited liability company incorporation before you can proceed with a purchase. This law is likely to change in the near future to comply with EU legislation.
